Ascott opens serviced residences in Doha

Doha, November 26, 2012

Ascott, a leading Singapore brand and the wholly owned-serviced residence business unit of CapitaLand, has opened its first premier serviced residence in Doha as part of its regional expansion strategy.

With the 229-unit Ascott Doha, Ascott has a network of over 1,000 apartment units across six properties in four countries in the Gulf region.

At Ascott Doha, discerning travellers can experience an exclusive and luxurious stay within the elegantly designed apartments, complemented by personalised services and comprehensive recreation and business facilities.

The serviced residence is located in the diplomatic centre of the city and at the north end of the Corniche waterfront promenade, fronting Doha Bay, offering stunning vistas of the Arabian coast and easy access to City Centre Mall, Qatar’s best known retail and entertainment spot.

Business travellers staying at the property will find themselves a stone’s throw away from the Doha Exhibition Centre and a 10-minute drive from the city’s business and financial district.

"Ascott is a Singapore brand which has gained international repute for its quality properties worldwide and we welcome travellers to experience our new premier Ascott Doha," said Vincent Wee, Ascott’s managing director for India and GCC.

"We see strong demand for serviced residences in Qatar. One of the fastest growing economies in the world, Qatar continues to attract significant foreign direct investments. Qatar is also a host to major international events such as the 2022 FIFA World Cup," stated Wee.

"Our first serviced residence in Qatar, Somerset West Bay Doha, has been achieving occupancy of over 80 per cent," he added.

According to him, Ascott will also open its properties in Oman, Somerset Panorama Muscat and Sohar Garden Residences, over the next 24 months.

"To expand our presence in the GCC, we will continue to establish new partnerships with property owners in Qatar, Bahrain, UAE, Oman and Saudi Arabia,” he added.-TradeArabia News Service